How much would you need to gift to the university today to establish a scholarship fund that pays out $25000 in scholarships in one year and grows the scholarship payout by 4% per year? Assume that the university endowment earns 6% per year on its investments. Your Answer: You set up a college fund in which you pay $3000 each year at the beginning of the year. How much money (in $) will you have accumulated in the fund after 26 years, if your fund earns 12% compounded annually? Your